About ParkMe
ParkMe is a company based in Santa Monica (United States) founded in 2009 was acquired by Inrix in September 2015.. ParkMe operates in a competitive market with competitors including SpotHero, Way, The Parking Spot, Parkade and Park 'N Fly, among others.
- Headquarter Santa Monica, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of ParkMe
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2013 | Amount | Series A - ParkMe | Valuation |
investors |
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| Sep, 2011 | Amount | Series A - ParkMe | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ParkMe
ParkMe has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Inrix, Angeleno Group and Fontinalis Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward the US, Asia, and Australia.
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Founded Year | Domain | Location | |
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Tech focused Stage-Agnostic VC Firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ParkMe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ParkMe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parkme Comparisons
Competitors of ParkMe
ParkMe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SpotHero, Way, The Parking Spot, Parkade and Park 'N Fly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Parking reservations are enabled by an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
Airport parking is provided via online bookings and shuttle services.
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| domain | founded_year | HQ Location |
Peer-to-peer parking spaces are booked via a mobile app.
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| domain | founded_year | HQ Location |
Airport parking spaces are scouted and booked via mobile app.
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| domain | founded_year | HQ Location |
Provides integrated mobile technology for parking services and solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ParkMe
When was ParkMe founded?
ParkMe was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is ParkMe located?
ParkMe is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
What does ParkMe do?
ParkMe is a provider of dynamic(real-time) parking data information to automobile navigation systems, mobile phones, tablets and other data aggregators tracking over 28K locations in 1800 cities globally. Drivers can discover and book parking space through website or mobile app on hourly, daily and monthly basis. Leverages information from municipal parking meters and private and public garages to help users search for and find nearby parking, both by availability and by price.
Who are the top competitors of ParkMe?
ParkMe's top competitors include Way, SpotHero and The Parking Spot.
Who are ParkMe's investors?
ParkMe has 4 investors. Key investors include Inrix, Angeleno Group, Fontinalis Partners, and IDG Capital.